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| | == Summary == |
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| ''Accounting''
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| The expenses payable to produce the firm’s sales.
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| 2.
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| ''Accounting''
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| In relation to fixed assets, the original cost of acquisition.
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| The net book value of fixed assets, in simple terms, is the difference between cost and accumulated depreciation.
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| 3.
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| ''Financial decision making''
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| In financial decision making cost is the expected return or benefit that is foregone by investing in a project, rather than in the next best use of capital or other resources.
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| This type of cost is often known as the 'opportunity cost'.
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| It is the opportunity cost of capital and of other resources that is the relevant economic measure for financial decision making purposes.
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| 4.
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| To estimate the price of something.
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| 5.
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| More generally, the amount paid to acquire or buy something.
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| ==See also== | |
| * [[Cost of capital]]
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| * [[Cost of sales]]
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| * [[Depreciation]]
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| * [[Fixed assets]]
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| * [[Impairment]]
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| * [[Inventory]]
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| * [[Net book value]]
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| * [[Net realisable value]]
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| * [[Opportunity cost]]
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| * [[Price]]
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| [[Category:Accounting,_tax_and_regulation]]
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Latest revision as of 09:28, 27 July 2023
Summary
Importing files from local file repository
